BPA Daily: Continue the confrontation

[China Epoxy Network (China Epoxy Industry Online)News from October 21, 2013: The tone of the domestic bisphenol A market continues, with a wait-and-see atmosphere.
On the last trading day (October 18, 2013), the mainstream transaction price in East China in the mainstream market continued to maintain the range of 12,500-12550 yuan/ton.
According to the analysis of market experts from China Epoxy.
com (China Epoxy Industry Online)the spot market mentality was slightly different that day, with long and short games, slow trading, a narrow drop in the center of gravity, and weakness in the market.
Although the trend of raw materials is temporarily high, the industry lacks confidence in the market outlook.
The short-term empty atmosphere remains, and the weak consolidation continues; international crude oil rebounds, Asian pure benzene supplements the decline, and phenol ketones are relaunched with unexpected domestic overhaul devices, showing a high consolidation trend, market outlook is expected It is difficult to have a big ups and downs.
The market for bisphenol A fluctuated and weakened, and the active inquiry atmosphere in Asia was poor.
Raw materials were supported by high levels.
A Kinyo's offer was still at US$1600/ton CFR.
There were very few inquiries and the intended price dropped; Southeast Asia’s cargo volume in October was relatively low.
Previously, it was gradually lowered.
The offer was offered at US$1750/ton CFR, and some transactions were made at US$1750/ton to US$1735/ton CFR, and the counter-offer intention was gradually reduced to US$1730/ton CFR or below.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 12,700-12,800 yuan/ton, the mainstream transaction price is 12,500-12550 yuan/ton; the mainstream quotation in Huangshan area is 12900-13,000 yuan/ton, the mainstream transaction price is 12650-12700 yuan/ton; The mainstream quotation in North China is 12800-12900 yuan/ton, and the mainstream transaction price is 12600-12650 yuan/ton; the mainstream quotation in South China is 12900-13000 yuan/ton, and the mainstream transaction price is 12700-12750 yuan/ton.

    On the trading day (October 18, 2013), the market atmosphere of bisphenol A raw materials was general and high level: (omitted, see the full version for details).

    On the trading day (October 18, 2013), domestic bisphenol A manufacturers remained dominant and production and sales were stable.